Bitwise CIO Praised This Altcoin with Compliments! Revealed the Secret of Its Success!

Bitcoin (BTC) and new statements from Bitwise CIO Matt Hougan, who stands out with strong predictions about the crypto market.

This time we talked about Ripple – XRP, one of the biggest altcoins.

At this point, Matt Hougan recently praised XRP and emphasized the strength of its community.

Hougan stated that he believes the success of XRP can primarily be attributed to the strength of the community behind it.

According to Hougan, who stated that he gave an opening speech on XRP from account X at the Las Vegas event, he mentioned that the conference venue was filled with 1,000 people on Saturday at 13:00.

According to Hougan, this figure was impressive. Because according to Hougan, typically, events during the early hours of Saturday afternoons tend to attract fewer people. However, the XRP community had filled the venue, showing its strength.

The Bitwise CIO was asked about the key takeaways from the conference. In response to this question, Hougan compared Bitcoin and XRP.

At this point, the Bitwise CIO stated that the XRP community increasingly acknowledges that Bitcoin and XRP are not direct competitors, and that both XRP and Bitcoin serve different markets.

"I believe that the XRP world adopts the idea that BTC and XRP serve different markets and that the development of BTC will not hinder the goals of XRP."

But mostly, just the power of the community. This is a big piece of success in crypto and the community in XRP is strong.

The CIO of Bitwise had previously predicted that if XRP manages to secure a significant place in sectors such as payments and tokenization, its price could rise to around $30 in a decade.

*It is not investment advice.

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